Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    162 S River Run Irwin, ID 83428

    View on Map
    For Sale
    $275,000

    LAND - Irwin, ID

    Lot size:
    2.50 Acres
    Added:
    Dec 31, 2025
    Days on Market:
    94
    Last Refresh:
    Apr 4 at 12:06 am

    Property Features for 162 S River Run

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    RPD4200002023O
    Lot size
    2.50 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Description
    LOT 23, BLOCK 2, RUSTIC RANCH AT SWAN VALLEY SW1/4, SEC 16, T 1N, R 44
    Tax Annual Amount
    196

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well

    We can help!

    Listing Contact
    Brett Novik

    Listing agent Brett Novik License #SP52343

    Listing office Jackson Hole Sotheby's International Realty 1 S Main, Driggs, ID

    Listing date Dec 31, 2025

    MLS# 2152562

    Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ready-to-Build Land in Swan Valley

    This 2.5-acre parcel, located in the Rustic Ranch Subdivision in Swan Valley, is ready for building. It includes a well with a pressure tank and a 1,000-gallon septic tank with a leach field, suitable for up to a 3-bedroom/2.5-bath home. Power has been run to the property, with a 200-amp panel box situated next to a 10x20 wooden shed. The property owners have acquired eight trees, each measuring 20-25 feet, which can be positioned on the property at the buyer's discretion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Irwin
    County
    Bonneville
    State
    Idaho
    Longitude
    -111.298
    Latitude
    43.4056

    Nearby Similar for Sale

    • $1,375,000
      10,000 SF

      Swan Valley Lodge & Restaurant

      Charming lodge and restaurant near South Fork of the Snake River.
      3427 Swan Valley Hwy, Irwin, ID 83428
      View Details
    • $3,700,000
      1,600 SF

      Swan Valley Commercial Opportunity

      20.08-acre property with saloon, RV park, and development potential.
      3449 Swan Valley Hwy, Irwin, ID 83428
      View Details
    • $3,700,000
      1,600 SF

      Swan Valley Commercial Opportunity

      20.08 acres with saloon, RV park, and development potential.
      3449 SWAN VALLEY Highway, Irwin, ID 83428
      View Details
    • $249,900

      Land with Water and Mountain Views

      1.9-acre parcel with water and mountain views in Irwin, ID.
      CHOKE CHERRY Lane lot: 2, Irwin, ID 83428
      View Details
    • $379,000

      Irwin Land with Palisades Views

      6+ acre lot with panoramic Palisades Reservoir views.
      WESTVIEW ESTATES lot: 1, Irwin, ID 83428
      View Details
    • $120,000

      Land with Scenic Views

      Over 1 acre of land with unobstructed views.
      Swan Valley Hwy lot: 1, Irwin, ID 83428
      View Details
    • $955,000

      South Fork Riverfront Land

      3.87-acre riverfront lot with 245 ft of frontage.
      L32B3 Raven Road, Irwin, ID 83428
      View Details
    • $425,000

      Swan Valley Irwin Land Parcel

      10.8-acre parcel with highway access and development potential.
      SWAN VALLEY Highway, Irwin, ID 83428
      View Details
    • $249,999

      Irwin Land with Palisades Views

      3.65-acre wooded parcel with views of Palisades Reservoir.
      Kellogg Lane, Irwin, ID 83428
      View Details
    • $175,000

      Residential Land in Irwin, Idaho

      4.9-acre residential homesite with mountain views and utilities.
      L50B4 CUTTHROAT RUN, Irwin, ID 83424
      View Details
    • $215,000

      Irwin, ID Land with Views

      11.29 acres with views overlooking Palisades Reservoir.
      Shady Lane lot: 17-21, Irwin, ID 83428
      View Details
    • $100,000

      Land with Palisades Dam Views

      1.27-acre lot near outdoor activities and regional destinations.
      Swan Valley Hwy, Irwin, ID 83428
      View Details

    FAQs

    What type of property is this?
    Land - 2.5-acre parcel with well, septic, power, and shed.
    Where is this land located?
    The property is located at 162 S River Run Irwin, ID.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Ready to build: Includes installed well, pressure tank, 1,000‑gallon septic tank, and leach field approved for a 3‑bedroom/2.5‑bath home.; Power already run to the property with a 200amp panel box.; Includes a 10X20 wooden shed.
    (307) 733-9009
    We can help!
    Listing Contact
    Brett Novik
    Real Estate License ID: SP52343
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!